GEOG 2230 Assignment 1

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University of Guelph *

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2230

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Geography

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Feb 20, 2024

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docx

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6

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GEOG 2230 Assignment #1 one report from an NGO or industry stakeholder: Media: https://www.nbcnews.com/specials/paradise-lost-inside-peru-s-emergency-zone/ index.html#:~:text=Illegal%20gold%20mining%20in%20southeastern,of%20dozens%20of %20environmental%20activists.&text=LA%20PAMPA%2C%20Peru%20%E2%80%93%20Deep %20in,that%20cuts%20through%20dense%20jungle . -Insane report on illegal gold mines, destroying forest and killing people. https://www.hrw.org/news/2018/03/21/jewelers-take-responsibility Among the companies examined, Tiffany and Co. stands out for its ability to track its gold back to the mine, and for its thorough assessments of human rights impacts. https://www.hrw.org/report/2018/02/08/hidden-cost-jewelry/human-rights-supply-chains-and- responsibility-jewelry Tiffany and Co. has full chain of custody over its gold; it purchases newly mined gold exclusively from a single mine that is identified publicly, and the remainder of its gold from recycled sources. Chain of custody: Tiffany and Co. has full chain of custody over its gold supply chain. Twenty- seven percent of its gold comes from a single mine in Utah, the Bingham Canyon Mine, and the remaining 73 percent comes from recycled sources. [151] It sources all of its recycled gold from one supplier, which has the ability to segregate gold from mined and from recycled sources You must use at least one corporate report: https://www.tiffany.ca/shared/pdfs/Tiffany_RobbReport.pdf “Tiffany and Co. can trace all of its newly mined gold back to one mine of origin and conducts regular human rights assessments with the mine.” “However, Tiffany procures all of its gold from Bingham Canyon Mine in Salt Lake City, Utah, a division of the Kennecott Utah Copper mine that does not employ cyanide to extract the gold” “Instead of purchasing partly finished gold jewelry, it now acquires directly from an American mine gold ingots that it melts and molds into jewelry in its own manufacturing facilities in New York and Rhode Island.” https://www.thenaturalsapphirecompany.com/education/precious-metal-mining-refining- techniques/gold-prospecting-mining-refining/#:~:text=The%20gold%20is%20separated %20from,chlorination%2C%20or%20acid%20leaching%20processes . “Each country has enacted its own legislation to govern mining and other related issues such as environmental quality, resettlement, and biodiversity conservation. Some countries have better records than others, but in general, a growing awareness of environmental issues has increased governmental oversight. “Dirty Gold” is a term employed by advocates who wish to see changes in the social and environmental aspects of gold mining.” [Type here]
The mine and procedures: https://earthworks.org/issues/environmental-impacts-of-gold-mining/#:~:text=Gold%20mining %20is%20one%20of,health%20of%20people%20and%20ecosystems . It can displace communities, contaminate drinking water, hurt workers, and destroy pristine environments. It pollutes water and land with mercury and cyanide, endangering the health of people and ecosystems https://www.mgsrefining.com/blog/the-gold-mining-process/ Footnote 1 https://www.nbcnews.com/specials/paradise-lost-inside-peru-s-emergency- zone/index.html#:~:text=Illegal%20gold%20mining%20in%20southeastern,of%20dozens%20of %20environmental%20activists.&text=LA%20PAMPA%2C%20Peru%20%E2%80%93%20Deep %20in,that%20cuts%20through%20dense%20jungle Footnote 2 https://earthworks.org/issues/environmental-impacts-of-gold-mining/ #:~:text=Gold%20mining%20is%20one%20of,health%20of%20people%20and%20ecosystems . Footnote 3 https://www.hrw.org/report/2018/02/08/hidden-cost-jewelry/human-rights- supply-chains-and-responsibility-jewelry Footnote 4 https://www.riotinto.com/en/operations/us/kennecott Footnote 5 https://www.thenaturalsapphirecompany.com/education/precious-metal-mining- refining-techniques/gold-prospecting-mining-refining/#:~:text=The%20gold%20is%20separated %20from,chlorination%2C%20or%20acid%20leaching%20processes . Footnote 6 https://www.responsiblemines.org/en/2019/10/is-recycled-gold-an- ethical-choice/#:~:text=So%20at%20first%20glance%2C %20recycled,mining%20to%20become%20more%20responsible . Footnote 7 https://www.tiffany.com/sustainability/product/mining-laws- principals.html/ Write a 3-page reflection paper on the process of researching this commodity, and based on your experiences, comment on the challenges that consumers may face in understanding and evaluating the life [Type here]
of this commodity. The paper must answer the questions: 1. What environmental inputs (e.g., water, land, energy) are required at different stages of the value chain? 2. What political controversies are associated with the production of your commodity (e.g. corruption, conflict, certification challenges)? 3. What social issues exist at different stages of the commodity value chain? (e.g. who is making the product or adding value, under what conditions, is worker health and safety a factor?) 4. How is the product advertised to consumers? How do consumers use the product? 1. https://www.thenaturalsapphirecompany.com/education/precious-metal-mining- refining-techniques/gold-prospecting-mining-refining/#:~:text=The%20gold%20is %20separated%20from,chlorination%2C%20or%20acid%20leaching%20processes . 2. https://earthworks.org/issues/environmental-impacts-of-gold-mining/#:~:text=Gold %20mining%20is%20one%20of,health%20of%20people%20and%20ecosystems . 3. https://www.nbcnews.com/specials/paradise-lost-inside-peru-s-emergency-zone/ index.html#:~:text=Illegal%20gold%20mining%20in%20southeastern,of%20dozens %20of%20environmental%20activists.&text=LA%20PAMPA%2C%20Peru %20%E2%80%93%20Deep%20in,that%20cuts%20through%20dense%20jungle 4. https://www.hrw.org/report/2018/02/08/hidden-cost-jewelry/human- rights-supply-chains-and-responsibility-jewelry 5. https://www.riotinto.com/en/operations/us/kennecott 6. https://www.responsiblemines.org/en/2019/10/is-recycled-gold-an- ethical-choice/#:~:text=So%20at%20first%20glance%2C %20recycled,mining%20to%20become%20more%20responsible . 7. https://www.tiffany.com/sustainability/product/mining-laws- principals.html/ ftef 1. Gold Prospecting, mining, and refining: Gold processes and uses . Education. (2018, January 28). https://www.thenaturalsapphirecompany.com/education/precious-metal-mining- refining-techniques/gold-prospecting-mining- [Type here]
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2. Environmental impacts of gold mining . Earthworks. (2022, May 28). https://earthworks.org/issues/environmental-impacts-of-gold-mining/#:~:text=Gold %20mining%20is%20one%20of,health%20of%20people%20and%20ecosystems . 3.McFadden, C., & Cavazuti, L. Paradise lost: Inside Peru’s emergency zone . NBCNews.com. https://www.nbcnews.com/specials/paradise-lost-inside-peru-s-emergency-zone/ index.html#:~:text=Illegal%20gold%20mining%20in%20southeastern,of%20dozens%20of %20environmental%20activists.&text=LA%20PAMPA%2C%20Peru %20%E2%80%93%20Deep%20in,that%20cuts%20through%20dense%20jungle 4.Becker, J. (2023, March 28). The hidden cost of jewelry . Human Rights Watch. https://www.hrw.org/report/2018/02/08/hidden-cost-jewelry/human-rights-supply-chains- and-responsibility-jewelry 5. Kennecott . Rio Tinto. https://www.riotinto.com/en/operations/us/kennecott 6.Schein, P. (2019, November 29). Is recycled gold an ethical choice? ARM. https://www.responsiblemines.org/en/2019/10/is-recycled-gold-an-ethical-choice/ #:~:text=So%20at%20first%20glance%2C%20recycled,mining%20to%20become %20more%20responsible . 7. Responsible mining & sustainability . Our Responsible Mining Philosophy . (n.d.). https://www.tiffany.com/sustainability/product/mining-laws-principals.html/ Geography Written assignment (part2) Write a 3-page reflection paper on the process of researching this commodity, and based on your experiences, comment on the challenges that consumers may face in understanding and evaluating the life [Type here]
of this commodity. The paper must answer the questions: 1. What environmental inputs (e.g., water, land, energy) are required at different stages of the value chain? 2. What political controversies are associated with the production of your commodity (e.g. corruption, conflict, certification challenges)? 3. What social issues exist at different stages of the commodity value chain? (e.g. who is making the product or adding value, under what conditions, is worker health and safety a factor?) 4. How is the product advertised to consumers? How do consumers use the product? Size 12 times new roman, double spaced -roughly 3 pages 1. Environmental impacts: mining, refining, etc. Gold has to go through multiple long processes before it 2.search up political controversy? If it exists My research on gold started as an analysis of different jewelry companies including Rolex, Tiffany and Co., Pandora, and various others. I began to compile research on their gold operations, quickly I found Tiffany and Co. to be the only company that meets an acceptable standard of responsibility in their gold-related activities. 3. people who mine the gold are poor, people who sell and own the gold are rich. Worker safety. 4. marketed as investment. Done. Write about how it is marketed as jewelry, short but informative, mention companies like Tiffany. Gold is a precious metal with diverse applications that is desired for its luster and rarity. The resource serves many purposes but today most commonly present as jewelry and as a financial investment. Investment in gold is becoming fashionably popular. The price of gold is relatively stable so investing in gold is marketed to protect your wealth when faced with rising prices and economic instability. People can invest in gold buy purchasing physical gold, but more simply, you can invest in gold related products through the stock market. Investing in gold in the stock market involves buying shares of exchange-traded funds (ETFs) or gold mining companies. These investments move in line with the price of gold. Additionally online investment management services like Wealthsimple are becoming increasingly popular [Type here]
because they make investing available to everyone. Services like this can assist you by helping you buy and sell these investments. They can also provide you with information and guidance on investing in gold-related assets. Overall gold is a very popular commodity to invest in, which is becoming increasingly more popular due to the streamlining of online investing. Furthermore, gold's allure extends to the world of fashion and personal enjoyment. Jewelry companies play a pivotal role in marketing gold, emphasizing its exquisite shine and color, which adds to its visual appeal. The intrinsic value of gold, combined with its aesthetic qualities, makes it highly coveted as a symbol of luxury and as a timeless expression of style. My research on gold started as an analysis of different jewelry companies including Rolex, Tiffany and Co., Pandora, and various others. I began to compile research on their gold operations, quickly I found Tiffany and Co. to be the only company that meets an acceptable standard of responsibility in their gold-related activities. Within the gold To acquire gold, most commonly, large operation mines run companies jewelry companies will buy [Type here]
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